September 5, 2024
“The nearly 30% drop in shares of Chinese online retailer PDD Holdings is “too much of a correction,” according to Shaun Rein, founder and managing director of the China Market Research Group. Speaking to CNBC’s “Street Signs Asia,” Rein said… Continue Reading…
August 22, 2024
“…The company’s shares rose more than 15% in morning trading. Here’s how the Bike and Tread maker performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: For the three-month period that ended June… Continue Reading…
August 14, 2024
“…Sales for the month reached NT$256.95 billion ($7.9 billion). For the third quarter, analysts project TSMC revenue should grow 37% to NT$747.4 billion, with the July result suggesting TSMC may surpass those expectations…” https://finance.yahoo.com/news/tsmc-sales-grow-45-july-054146804.html
August 14, 2024
“…Here’s how the company did compared with what Wall Street was expecting, based on a survey of analysts by LSEG: The company said gross merchandise volume, or the total volume of merchandise sold on the platform, jumped 22% during the… Continue Reading…
August 6, 2024
“…Disney has been struggling recently, which has included several Disney titles that were deemed box office flops in 2023—including Pixar’s Elemental—declining linear TV viewership and an uneven transition into a streaming future. The entertainment behemoth has been hemorrhaging money through its Disney+ streaming… Continue Reading…
August 2, 2024
“…The workforce reduction may be announced as early as this week, according to people familiar with the company’s plans, who asked not to be identified because the information isn’t public. Intel, which is scheduled to report second-quarter earnings Thursday, has… Continue Reading…
July 30, 2024
“Shares of Dexcom tumbled almost 40% in extended trading Thursday after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. Here’s how the company did: Dexcom’s revenue increased 15% from $871.3 million a year earlier, according to a… Continue Reading…
July 29, 2024
“one of America’s Big Three automakers, collapsed 16.7% through 12:45 p.m. ET Thursday after the company reported a huge earnings miss last night. Analysts had forecast Ford would earn $0.68 per share on $44 billion in Q2 sales. While Ford exceeded… Continue Reading…
June 11, 2024
“Nvidia also hit a $3 trillion market cap milestone on Wednesday after shares rose over 5%. At market close, Nvidia had a market value of $3.019 trillion, versus Apple’s, which stood at $2.99 trillion. Microsoft is the most valuable publicly traded company,… Continue Reading…
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